Subordinated Deposit

Stable monthly income

Terms

Term
Rate
5 years4%
7 years5,5%
  • Interest payment – once a month

  • Minimum sum – EUR 10,000

  • Individual rate is applicable for deposits over EUR 500,000 

How to place a subordinated deposit?


For our clients

Please fill in a short application form in our Internet Bank.

For individuals from Latvia

You have to become a BlueOrange customer.
Please fill in the interactive application for opening a current account in our Client Cabinet.
The service is also available remotely. Read more here.

For international individuals

You have to become a BlueOrange customer.
Please fill in a short application form, and the bank’s representative will contact you.
For EEA, UK, and Swiss individuals, the service is also available remotely. Read more here.

For companies

You have to become a BlueOrange customer.
Please fill in a short application form, and the bank’s representative will contact you.
For EEA, UK, and Swiss companies the service is also available remotely. Read more here.

*A subordinated deposit (within the meaning of the Banking Act – subordinated loan) is a loan provided by a customer to the bank with the possibility of receiving a certain profit (interest). By purchasing subordinated bonds of the bank or providing a subordinated loan, customers have an opportunity to earn more – interest rates are significantly higher than on term deposits or ordinary bonds. Subordinated deposits are not covered by the state deposit guarantee scheme. The depositor receives the principal amount of the deposit upon expiry of the loan term.